Monthly Archives: November 2014

New products and changes introduced over the last week include an actively managed equity fund from Vanguard; a long-short fund from Newberger Berman; new fund names and indexes for 10 of Invesco’s existing funds and the closure of 4 others; and private placement opportunities from Miller Tabak on the FNEX.com platform.

Mr. Market did not appreciate Ben Bernanke’s announcement yesterday on the plans for easing the current stimulus policy. And with big banks viewed as some of the biggest beneficiaries to the “easy money,” it’s no surprise the Big Four are all trading lower this morning. But Citigroup (NYSE: C ) has taken a much bigger hit than the other three, falling almost....More>>>

The U.S. Supreme Court has ruled–unanimously, no less–that taxpayers have a right to challenge IRS summons enforcement proceedings when they can show the IRS might have issued the summons in bad faith. In United States v. Clarke, the Court vacated & remanded the case, so Mr. Clarke’s tax nightmare isn’t yet over. But every taxpayer should take note, and here’s why.

The wait is over, and it appears that earnings season kicked off on a largely positive note last night, pushing the broad-based S&P 500 (SNPINDEX: ^GSPC ) higher for the eighth time in the past 10 sessions.

The fire under the market today seems to be caused by aluminum giant Alcoa’s (NYSE: AA ) second-quarter earnings report, which delivered a 2% decline....More>>>

The wait is over, and it appears that earnings season kicked off on a largely positive note last night, pushing the broad-based S&P 500 (SNPINDEX: ^GSPC ) higher for the eighth time in the past 10 sessions.

The fire under the market today seems to be caused by aluminum giant Alcoa’s (NYSE: AA ) second-quarter earnings report, which delivered a 2% decline....More>>>

While making money in stocks is hard, it doesn’t have to be complicated; Joel Greenblatt proved that in 2005, when he published The Little Book that Beats the Market, explains John Reese, editor of Validea.

Greenblatt ‘s book was a concise, easy-to-understand bestseller that showed how investors could produce outstanding long-term returns using his “Magic Formula”—a....More>>>

With Washington political hostility launching both a partial government shutdown and another bitter fight over how much money the country can legally borrow, the financial markets have been in a relative state of flux while waiting for a resolution.

The dynamic nature of the situation was on display in the equity markets Thursday as the S&P 500 spiked about 1.7% in midday trading on....More>>>

In a new trend for banks, Citigroup (NYSE: C ) is finding itself back in court to settle an old score that it had thought was already resolved. Based on a transaction that Citigroup handled, a private equity firm is claiming that Citi lied about another bidder as a means to drive the sale price higher.

Though the bank had already won this fight, a return to court was in the cards.....More>>>

The hotel industry is on track to have its best year ever. NEW YORK (CNNMoney) Take that, Airbnb. Demand for hotel rooms is booming.

Based on results from the first five months of the year, hotels in the United States are on track to report their highest level of rooms booked ever. That’s according to data from Smith Travel Research (STR), which tracks supply and demand trends....More>>>

On Tuesday, the S&P Dow Jones Indices announced that three stocks on the Dow Jones Industrial Average will be dropped next week.

After the bell on September 20, Bank of America Corp (BAC) will be replaced by Goldman Sachs Group Inc (GS), Alcoa Inc (AA) will be swapped out for Nike Inc (NKE), and Visa Inc (V) will take the place of Hewlett-Packard Company (HPQ).

I have looked at Addvantage Tech (AEY) in the past and came to the conclusion that it was cheap based on past performance. I then read your entire blog and most of your articles at GuruFocus.com and took another look.

I was trying to determine what the key driver was for AEY like you did with Microsoft in one of....More>>>

Stock markets tumbled today as investors sold Federal Reserve Chairman Ben Bernanke’s talk of tapering bond-buying. The Dow Jones Industrial Average (DJINDICES: ^DJI ) crashed at the open of trading and is down a full 351 points, or 2.32%, as of 3:25 p.m. EDT. The S&P 500 (SNPINDEX: ^GSPC ) has lost 2.5% of its value.

Tesla (TSLA) reported a wider than expected loss Wednesday after the bell, the biggest in the companys history. Teslas net loss for the quarter amounted to roughly $718 million, a considerable $4.22 cents a share.

Penske Automotive Group (NYSE: PAG) is one of 20 publicly-traded companies in the “Automotive dealers & gasoline service stations” industry, but how does it compare to its peers? We will compare Penske Automotive Group to similar companies based on the strength of its earnings, v

Red Rock Resorts Inc (NASDAQ:RRR) was the target of some unusual options trading activity on Thursday. Investors acquired 1,886 put options on the stock. This is an increase of approximately 1,036% compared to the average volume of 166 put options.